BAJAJ FINANCE : case of ending diagonal

Sep 5, 2020

After the panic fall bajaj finance made an ending diagonal as a wave c whose breakout given a massive upside rally. Current structure suggests that the stock is completing its 5th wave of 1-2-3-4-5 upmove as an ending diagonal. So one can short it on a rise near the level of 3810-20 with SL of 3150 for the target of previous 4th which is 3150.

Sep 6, 2020

Note

typo ! SL of 3850

Sep 25, 2020

Trade closed: target reached